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Talks A Lotinc solls cell phones to customers and expects that 5% of phones sold will be returned for tepat under its warranty progtam. The
Talks A Lotinc solls cell phones to customers and expects that 5% of phones sold will be returned for tepat under its warranty progtam. The average repair costs $70 per phone. For 2021. Talks A Lot has sold 680 cell phones and has repaired 10 otthomas of December 31, 2021. What amount of warranty liability should be reported at December 31, 2021? (Do not round intermediate calculations) Multiple Choice 5700 None ollected from west have been received $1680 52380
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